This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

417 S Gilbert St
Danville, IL 61832

Midwest Title Loans Absolute NNN Lease · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Building Size
2,500 SF
Building Class
B
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.51 AC
Zoning
B-2 Highway Business

Amenities

  • Drive Thru

About 417 S Gilbert St , Danville, IL 61832

This is a rare opportunity to acquire an absolute NNN leased Midwest Title Loans in Danville, Illinois. Founded in 1990 in Jonesboro, GA as Instant Cash Loans on Car Titles, Inc., Midwest Title Loans is one of America' s most respected companies helping hardworking Americans use the equity in their vehicle to access the cash they need. Midwest Title Loans and its affiliated companies operate in more than twenty states nationwide. The recently extended lease, shows the tenant' s commitment to the location. The tenant has two 3 year options to renew. The lease provides for zero landlord responsibilities. The asset sits on a hard corner off S. Gilbert Rd, which average' s 28,000 (+/-) vehicles per day. The subject property is situated right off the major Highway 74 and surrounded by national retailers including ALDI, Steak & Shake, Taco Bell, and Arby' s. Danville is a city in and the county seat of Vermilion County, Illinois. Danville is located approximately 120 miles south of Chicago,. Illinois Route 1, U.S. Route 136, and U.S. Route 150 intersect in Danville; Interstate 74 passes through the south end of town. Danville' s main shopping center is the Village Mall, opened in 1975. Additional retail has spread north on Route 1/Vermilion Street since the early 90s, ranging from traditional big-box stores and retail infill and redevelopment of abandoned shopping centers. Retail in the community has increased after a large influx of redevelopment and green development happened in 2013 with the addition of Meijer and the Kohl' s Plaza.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-17-102-032
Land Assessment
$77,463
Improvements Assessment
$131,486
Total Assessment
$208,949
  • Listing ID: 4719021

  • Date on Market: 10/26/2016

  • Last Updated:

  • Address: 417 S Gilbert St, Danville, IL 61832

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}